Renaissance Technologies Portfolio holdings
Renaissance Technologies LLC, founded in 1982 by mathematician James Simons as Monemetrics and headquartered in East Setauket, New York, is a legendary quantitative hedge fund managing around $65 billion in assets as of late 2024, renowned for its pioneering use of mathematical models and algorithms in trading. Starting with currency trading and evolving into a secretive powerhouse under its flagship Medallion Fund—launched in 1988—the firm employs PhDs, physicists, and computer scientists to analyze vast datasets, executing high-frequency trades across equities, futures, and derivatives with returns averaging over 66% annually before fees from 1988 to 2018. Simons, who stepped down as chairman in 2021, built a culture of intellectual rigor, limiting Medallion to employees and insiders since 1993 while offering institutional funds like the Renaissance Institutional Equities Fund (RIEF) to outsiders. Now led by Peter Brown and Robert Mercer’s successors, Renaissance remains a benchmark for quant investing, blending academic precision with a low-profile, extraordinarily profitable legacy despite occasional regulatory scrutiny.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$373M |
| 2 |
Costco
COST
|
+$283M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$270M |
| 4 |
Pfizer
PFE
|
+$240M |
| 5 |
Microsoft
MSFT
|
+$225M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CVS Health
CVS
|
+$274M |
| 2 |
EMC CORPORATION
EMC
|
+$228M |
| 3 |
GAS
AGL Resources Inc
GAS
|
+$216M |
| 4 |
TECO ENERGY INC
TE
|
+$136M |
| 5 |
Charter Communications
CHTR
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.75% |
| 2 | Healthcare | 13.12% |
| 3 | Financials | 12.46% |
| 4 | Consumer Staples | 9.7% |
| 5 | Industrials | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2326
Alphatec Holdings
ATEC
$1.65B
| $1.59M | ﹤0.01% |
169,245
+82,095
| +94% | +$406K |
2013 Q2
13 quarters
|
|
2327
Blackstone Mortgage Trust
BXMT
$1.86B
| $1.59M | ﹤0.01% |
+53,980
| New | +$1.56M |
2016 Q3
0 quarters
|
|
2328
Ark Restaurants
ARKR
$16.1M
| $1.59M | ﹤0.01% |
70,800
+2,400
| +4% | +$55.1K |
2013 Q2
13 quarters
|
|
2329
Chicago Rivet & Machine Co
CVR
$10.8M
| $1.59M | ﹤0.01% |
56,300
+1,700
| +3% | +$47.5K |
2013 Q2
13 quarters
|
|
|
FRBK
2330
DELISTED
Republic First Bancorp Inc
FRBK
| $1.59M | ﹤0.01% |
386,000
+12,263
| +3% | +$52.1K |
2013 Q2
13 quarters
|
|
2331
First Northwest Bancorp
FNWB
$93.5M
| $1.58M | ﹤0.01% |
117,200
+23,200
| +25% | +$306K |
2015 Q4
3 quarters
|
|
2332
Franklin Covey
FC
$205M
| $1.58M | ﹤0.01% |
88,700
+21,500
| +32% | +$347K |
2013 Q2
13 quarters
|
|
|
AFAM
2333
DELISTED
Almost Family Inc
AFAM
| $1.58M | ﹤0.01% |
42,900
+800
| +2% | +$31.2K |
2015 Q1
6 quarters
|
|
2334
Ascent Industries
ACNT
$122M
| $1.57M | ﹤0.01% |
165,500
+12,900
| +8% | +$100K |
2014 Q4
7 quarters
|
|
2335
American Coastal Insurance
ACIC
$462M
| $1.57M | ﹤0.01% |
92,600
+41,600
| +82% | +$660K |
2016 Q1
2 quarters
|
|
2336
Integra LifeSciences
IART
$1.05B
| $1.57M | ﹤0.01% |
38,060
-167,000
| -81% | -$7M |
2014 Q4
7 quarters
|
|
|
CRR
2337
DELISTED
Carbo Ceramics Inc.
CRR
| $1.57M | ﹤0.01% |
143,600
+125,200
| +680% | +$1.61M |
2015 Q4
3 quarters
|
|
2338
Mueller Industries
MLI
$13.4B
| $1.57M | ﹤0.01% |
193,600
-332,800
| -63% | -$2.8M |
2015 Q2
5 quarters
|
|
2339
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $1.57M | ﹤0.01% |
87,152
+2,067
| +2% | +$36K |
2016 Q1
2 quarters
|
|
2340
Farmland Partners
FPI
$457M
| $1.57M | ﹤0.01% |
140,008
-186,492
| -57% | -$2.13M |
2015 Q3
4 quarters
|
|
2341
Inuvo
INUV
$8.51M
| $1.57M | ﹤0.01% |
123,482
+6,710
| +6% | +$91.2K |
2013 Q2
13 quarters
|
|
2342
iShares MSCI Japan ETF
EWJ
$23.9B
| $1.56M | ﹤0.01% |
+31,200
| New | +$1.52M |
2016 Q3
0 quarters
|
|
|
AFH
2343
DELISTED
Atlas Financial Holdings, Inc. Ordinary Shares
AFH
| $1.56M | ﹤0.01% |
99,100
-1,400
| -1% | -$23.6K |
2013 Q4
11 quarters
|
|
2344
DELISTED
Fortress Investment Group Llc
FIG
| $1.56M | ﹤0.01% |
316,400
-167,500
| -35% | -$824K |
2016 Q1
2 quarters
|
|
2345
Emcor
EME
$34.8B
| $1.56M | ﹤0.01% |
26,200
-250,800
| -91% | -$13.9M |
2015 Q2
5 quarters
|
|
2346
Silvercrest Asset Management
SAMG
$80M
| $1.56M | ﹤0.01% |
131,600
+20,800
| +19% | +$252K |
2014 Q1
10 quarters
|
|
2347
Dynex Capital
DX
$2.7B
| $1.56M | ﹤0.01% |
+69,933
| New | +$1.51M |
2016 Q3
0 quarters
|
|
2348
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $1.55M | ﹤0.01% |
130,200
-119,290
| -48% | -$1.27M |
2016 Q2
1 quarter
|
|
|
EVDY
2349
DELISTED
Everyday Health, Inc.
EVDY
| $1.55M | ﹤0.01% |
201,700
+157,100
| +352% | +$1.23M |
2016 Q1
2 quarters
|
|
2350
DELISTED
Cantaloupe
CTLP
| $1.55M | ﹤0.01% |
+275,900
| New | +$1.36M |
2016 Q3
0 quarters
|
|
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Renaissance Technologies's Q3 2016 Portfolio in Review
As of Q3 2016, Renaissance Technologies held 3,713 positions worth $56.6B, up 7.7% from $52.5B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Renaissance Technologies deployed $1.92B of net new capital in Q3 2016, opening 413 new positions and adding to 1,833 existing holdings. Its largest new stake was FedEx: 811,400 shares worth $142M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was CVS Health, an estimated $274M trimmed.
- Renaissance Technologies's largest Q3 2016 buy was FedEx: 811,400 shares worth $142M.
- Renaissance Technologies added most to Alphabet (Google) Class A in Q3 2016, an estimated $373M increase.
- Renaissance Technologies's biggest Q3 2016 reduction was CVS Health, cutting an estimated $274M.
- Renaissance Technologies fully exited EMC CORPORATION in Q3 2016, selling an estimated $228M.
- Renaissance Technologies's ten largest holdings make up 7.9% of its $56.6B portfolio in Q3 2016.
- Renaissance Technologies opened 413 new positions and closed 416 in Q3 2016.
- Renaissance Technologies's portfolio value rose 7.7% quarter-over-quarter to $56.6B.
Based on Renaissance Technologies's 13F filing for Q3 2016, filed 14 Nov 2016.